It Is Time To End The Western

When Gordon The Brown, In London In 1997, Commissioned A Great Inquisition Or Survey Of His New Realm, The Result Was The So-called National Asset Register (nar), Which Was Immediately Dubbed By The Boomers Of The Uk Treasury "the Modern Domesday Book".

At The Heart Of Banking Is A Suicidal Strategy. Banks Take Money From The Public Or Each Other On Call, Skim It For Their Own Reward And Then Lock The Rest Up In Volatile, Insecure And Illiquid Loans That At Times They Cannot Redeem Without Public Aid.

The Use Of Refined Petroleum As Fuel, Which Began In The 1850s, Freed Hundreds Of Millions Of People From The Toil Of Centuries, Gave Hundreds Of Millions More A Life Of Ease And Plenty, And, By Allowing Great Cities To Feed Themselves From Every Corner Of The World, Multiplied The Population Of The Earth Fivefold.

A Century Ago, Petroleum - What We Call Oil - Was Just An Obscure Commodity; Today It Is Almost As Vital To Human Existence As Water.

There Are Signs That The Age Of Petroleum Has Passed Its Zenith. Adjusted For Inflation, A Barrel Of Crude Oil Now Sells For Three Times Its Long-run Average. The Large Western Oil Companies, Which Cartellised The Industry For Much Of The 20th Century, Are Now Selling More Oil Than They Find, And Are Thus In The Throes Of Liquidation.